JD Edwards EnterpriseOne Time and Labor - Data Sheet - Oracle

2 � JD EDWARDS ENTERPRISEONE � TIME AND LABOR
Simplifying Timecard Management
ORACLE DATA SHEET
JD Edwards EnterpriseOne Time and Labor simplifies many of the processes
associated with timecards, automatically calculating retroactive pay, overtime,
bonuses, regular pay, leave availability, and more. It can be integrated with JD
Edwards EnterpriseOne Employee Self Service so that your employees can enter
their time from any computer with Web access, minimizing the need for data entry
by HR employees. You also have the option of uploading timecard information
from a variety of other sources.
The system’s powerful labor rules engine allows you to generate timecards for a
group of employees that you specify or define groups of employees and apply
specific time management applications. One example is establishing overtime rule
sets. With this solution, you can administer your organization’s overtime policy by
defining overtime rule sets. For instance, an overtime rule set might specify that
hours worked in excess of eight hours per day or 40 hours per week are paid at one-
and-a-half times the employee’s base rate.
You can also use retroactive pay rules to create timecards for pay that employees
should have received in a previous pay period but did not. For example, when a
union contract is ratified on June 1 and the previous contract expired on May 1, the
new pay rates specified in the contract might be retroactive to May 1. The system
compares the historical pay rates with current ones and calculates the difference
between the amount of pay that employees actually received and the amount of pay
that they should have received during this time.
You can use templates to create standard timecards that you can save and reuse
repeatedly. For example, you might create a timecard template for holiday pay and
use it every time a holiday occurs. You can also create a timecard template for
special pay situations, such as bonus pay.
JD Edwards EnterpriseOne Time and Labor also gives you the flexibility to define
how you want to validate leave availability. You can choose whether the system
should check available leave balances when employees are entering their time and
leave data. It can give employees warnings about insufficient leave balances or
even bar an employee from entering leave time if he or she does not have enough
remaining leave. This way, your employees know exactly where they stand and are
less likely to require assistance from human resources staff members.
No matter the situation, you define the rules and build them into the system—it
takes care of the rest. You benefit from considerable cost and time savings for your
organization.
Automating Costing and Billing Processes
With Time and Labor, you can automate the paper-intensive processes formerly
associated with labor billing and costing. Information entered into timecards about
hours worked is used to automatically account for, and bill, your employees’ labor
to the appropriate jobs, projects, and customers. The system can retrieve hourly pay
and billing rates based on different contracts and agreements, and distribute labor
charges to multiple accounts. It can even stay on top of upcoming rate changes and